DOJ Approves Springleaf Holdings' (LEAF) OneMain Acquisition; Reiterates Outperform

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Springleaf Holdings (LEAF) Settles with DOJ for OneMain Acquisition; Compass Point Raises Price target to $64

November 16, 2015 8:36 AM EST

Compass Point reiterated a Buy rating on Springleaf Holdings (NYSE: LEAF), and raised the price target to $64.00 (from $58.00), following a DOJ settlement, clearing the way for OneMain acquisition. Springleaf agreed to sell 127 branches and the associated $608M of receivables (4% of pro forma receivables) to competitor... More

Springleaf Holdings (LEAF) Trades Higher Upon Resumption

November 13, 2015 10:49 AM EST

Springleaf Holdings (NYSE: LEAF) resumes trading. Shares are now up over 13 percent.

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Springleaf Holdings (LEAF) Settles wth DOJ, State Attorneys General for OneMain Acquisition (C)

November 13, 2015 10:39 AM EST

Springleaf Holdings (NYSE: LEAF) announced that it has reached a settlement with the U.S. Department of Justice (DOJ) and the state Attorneys General of seven states that will allow the company to proceed with closing its previously announced acquisition of OneMain Financial Holdings, LLC. The details of the settlement have been filed with the U.S. District Court, Washington, D.C., whose approval of a stipulated asset preservation order is required prior to closing. The company anticipates obtaining that approval shortly and proceeding with closing immediately thereafter.

Under the... More

UPDATE: Citigoup's (C) OneMain Financial Wins Approval for Sale to Springleaf Holdings (LEAF) - Bloomberg

November 13, 2015 10:08 AM EST

(Updated - November 13, 2015 10:12 AM EST)

Citigoup's (NYSE: C) OneMain Financial won U.S. antitrust approval for its sale to Springleaf Holdings (NYSE: LEAF) after the companies agreed to divest branches, according Bloomberg, citing court filings.

The $4.25 billion deal was announced in March.

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Springleaf Holdings (LEAF) halted with news pending

November 13, 2015 10:07 AM EST

Springleaf Holdings (NYSE: LEAF) trading halted with news pending.

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Springleaf Holdings (LEAF) Halted on Circuit Breaker

November 13, 2015 10:05 AM EST

Springleaf Holdings (NYSE: LEAF) Halted on Circuit Breaker

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